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Accruals - Printable Version

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Accruals - Mick010 - 02-09-2011

Are accruals subject to reversal?


- Dard - 02-09-2011

Yes, if you rectify an error or misake


- Rithika - 02-16-2011

Yes, they are subjected to reversal. So that it ensures that the entries can be balanced. Reversal of abnormal accruals can be taken place.